SPORT, AMENITIES, RECREATION IN KESGRAVE

Registered charity 1077587 · accounts filings on the Charity Commission register · also known as SPARK, SPORT AND RECREATION IN KESGRAVE ( SPARK )

SPARK is established to provide and assist in the provision for sport, recreation and other leisure time occupations for the benefit of the inhabitants of the town of Kesgrave in the interests of social welfare and in order to improve the quality of life of the said inhabitants.

Causes: General Charitable Purposes · Amateur Sport · Environment/conservation/heritage · Economic/community Development/employment · Grant history (this charity is a funder) · website · Get email alerts

Latest income
£150k
Latest spending
£276k
Registered
1999
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total funds decreased from £217,253 to £163,742 due to a net deficit of £53,511, driven by grants paid of £140,815 exceeding total income of £154,619. The charity reports no specific need to maintain reserves as it has no overheads apart from the charity shop, which holds £19,243 for rent and redundancy provisions. The independent examiner confirmed that no material matters came to their attention regarding the accounts.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Charity Shop (97% of income)
Other trading activities 2°¢ Stop Shop 3 149,654
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: no specific need to keep reserves (held: £164k)
The charity has significant cash funds but there is no specific need to keep reserves, as apart from the 2"4 Stop Shop, the charity does not have any overheads or recurring costs. — page 4
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: Reimbursement of amounts paid on behalf of the charity
Reimbursement of amounts paid on behalf of the charity N Francis £86 There were no related party transactions.
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Register events

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Suffolk

Income and spending

Financial year endIncomeSpending
31/03/2025£150k£276k
31/03/2024£155k£207k
31/03/2023£150k£115k
31/03/2022£118k£137k
31/03/2021£74k£139k

Common questions

Is SPORT, AMENITIES, RECREATION IN KESGRAVE financially healthy?

Per its FY2024 accounts: The accounts state that total funds decreased from £217,253 to £163,742 due to a net deficit of £53,511, driven by grants paid of £140,815 exceeding total income of £154,619. The charity reports no specific need to maintain reserves as it has no overheads apart from the charity shop, which holds £19,243 for rent and redundancy provisions. The independent examiner confirmed that no material matters came to their attention regarding the accounts. Its FY2024 accounts were independently examined.